OKX Money lets users save, earn 10% yield and spend dollar stablecoins in one app
he product converts more than 50 local currencies into stablecoins, offers rewards of up to 10% on eligible USDG balances and includes virtual and physical payment cards.
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Summary
- OKX launched a consumer app that lets eligible users convert more than 50 local currencies into USDG, USDC or USDT, transfer stablecoins and spend through a virtual or physical card.
- OKX Money offers qualifying customers up to 10 percent annual yield on eligible USDG holdings and up to 10 percent cash back, though rates, eligibility and availability vary by location.
- The app targets consumers seeking access to digital dollars and global payments, but OKX did not disclose its initial markets or identify the provider of its card program.
